“US mortgage news, interest rate updates, housing market trends, and expert homebuying advice for American borrowers.”
Property owners often wonder how they can use the value of their home to access low-interest financing. A loan or a home equity line of credit are two options available to you. Check out some of the differences below to find out which one will be a better fit for your needs. Home Equity Loan … Read more
standard variable rate mortgage Standard Variable Rate or SVR is a type of mortgage where the interest rate can change, influenced by the Bank of England’s base rate. Each bank sets its own standard variable interest rate which is usually a few percentage points above the Bank of England’s base rate. SVRs are one of … Read more
You must have heard the saying: there is profit when you buy property. Simple, yet powerful. Unfortunately investors often forget that lesson and end up paying way too much for properties. If I’m going to rehab a property and put together money for that project, it’s important that I know the exact price to pay … Read more
More homeowners age 62 and older are starting to take advantage of the many benefits that a reverse mortgage offers them, including the elimination of monthly mortgage payments and access to their home’s equity. Unfortunately, as these loans have become a more popular form of financing, the ways in which older homeowners are being defrauded … Read more
Do you know that you are being cheated? Now, everywhere. on TV. in the newspaper. On the radio. in magazines. You’re getting the same message over and over again: “Buy now, pay later”; “Consolidate your loans into one easy monthly payment”; “Get a Secured Line of Credit”. Or the perennial favorite, “Don’t worry, it’s good … Read more
If you are looking to buy a new home, you must be prepared for home tours, short listing and an experience full of memories. However, if you are new to the sector, getting a mortgage can be difficult for you. You may not have the time to contact different lenders, check details, and apply for … Read more
Home Mortgage Rates – At some point in their lives, most people will need to obtain a mortgage to purchase a home. However, getting the best mortgage rate can be a challenge. The mortgage industry is complex, with many different lenders offering a wide range of rates, terms, and conditions. In this article, we will … Read more